Money
exchanges can buy Kuwaiti Dinar and Bahraini Dinar, according to the central
bank.
"The
central bank has opened up exchange facility for the Kuwaiti Dinar and Bahraini
Dinar," the Nepal Rastra Bank (NRB) notice said, adding that the money
exchanges can however, only buy it but not allowed to sell Kuwaiti Dinar and
Bahraini Dinar.
There are
some five currencies – Hong Kong dollar, Danish Krone, Swedish Krone, Kuwaiti
Dinar and Bahraini Dinar – now in the central bank's basket that can be only
bought by the money exchange facilities in Nepal but not allowed to sell in
exchange of Nepali rupee, according to the central bank, that has been allowing
exchange of 15 foreign currencies for both buying and selling.
The world’s two most
expensive currencies – Kuwait Dinar is above Rs 350 per dinar and Baharaini
Dinar is above Rs 263 per dinar – opening of buying is expected to make Nepali
returnee migrant workers carry their currency back home from Kuwait and
Bahrain as some 6,500 Nepali migrants have been registered to leave for Kuwait
and 1,500 for Bahrain in the current fiscal year.
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